Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in thousands of dollars, and x is in thousands of units. R(x)=8x-2x², C(x)=x²-3x² + 4x+1 T

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
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Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
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Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are
in thousands of dollars, and x is in thousands of units.
R(x)=8x-2x², C(x)=x²-3x² + 4x + 1
The production level for the maximum profit is about
units.
(Do not round until the final answer. Then round to the whole number as needed.)
Transcribed Image Text:Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in thousands of dollars, and x is in thousands of units. R(x)=8x-2x², C(x)=x²-3x² + 4x + 1 The production level for the maximum profit is about units. (Do not round until the final answer. Then round to the whole number as needed.)
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